$555,000
SOLD OCT 25, 2024

1525 Rhoads Dr Belle Mead, NJ 08502

2 Beds
3 Baths
-- Sq Ft
741 Sq Ft Lot

Recently Sold

1% Below List Price

55 Days on Market

About This Home

As of October 2024

This home is located at 1525 Rhoads Dr, Belle Mead, NJ 08502 and is currently priced at $555,000. This property was built in 1998. 1525 Rhoads Dr is a home located in Somerset County with nearby schools including Orchard Hill Elementary School, Montgomery Lower Mid School, and Village Elementary School.

Michelle Blane

CALLAWAY HENDERSON SOTHEBY'S IR Brokerage Phone: 908-359-0893 Listed on: 08/02/2024

CALLAWAY HENDERSON SOTHEBY'S IR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,048

Year Built

  • Built in 1998

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,048

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Year Built: 1998
  • County Name: Somerset
  • Street Number Display: 1525
  • I D: 5304394
  • Modified: 2025-05-07
  • Number Images: 1
  • Attribution Contact: 908-359-0893
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
Oct 16, 2024
Sold by
Borota Monika and Shakirov Vitaliy
Bought by
Wilcox Cloey Ann and Shoudt Timothy
Buyer's Agent
Michelle Blane
CALLAWAY HENDERSON SOTHEBY'S IR
List Price
$560,000
Sold Price
$555,000
Premium/Discount to List
-$5,000
-0.89%
Total Days on Market
55
Views
36
Current Estimated Value
$569,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,972
Avg. Annual Appreciation
4.54%
Original Mortgage
$471,750
Outstanding Balance
$469,003
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$100,969

Purchase Details

Closed on
Jun 5, 2006
Sold by
Kang Fu An
Bought by
Cartus Fncl Corp

Purchase Details

Closed on
Dec 15, 2005
Sold by
Cartus Fncl Corp
Bought by
Singh Gurpreet and Dusaj Tresa Kaur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
6.18%

Purchase Details

Closed on
Apr 23, 2004
Sold by
Weber Geraldine R
Bought by
Kang Fu An and Guangyu Gao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.36%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $555,000 Allied Title
Deed $410,000 --
Bargain Sale Deed $410,000 None Available
Deed $345,000 --
Deed $335,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $471,750 New Conventional
Previous Owner $250,000 New Conventional
Previous Owner $256,000 New Conventional
Previous Owner $276,000 No Value Available
Previous Owner $268,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Sold $555,000 +1.3% --
09/28/2024 09/28/24 Pending -- -- --
09/17/2024 09/17/24 Price Changed $548,000 -2.1% --
08/04/2024 08/04/24 For Sale $560,000 +69.7% --
02/10/2020 02/10/20 Sold $330,000 -4.3% $149 / Sq Ft
12/05/2019 12/05/19 Pending -- -- --
08/21/2019 08/21/19 For Sale $345,000 -- $156 / Sq Ft
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,048 $293,300 $79,000 $214,300
2023 $10,040 $293,300 $79,000 $214,300
2022 $9,450 $293,300 $79,000 $214,300
2021 $9,371 $293,300 $79,000 $214,300
2020 $9,295 $293,300 $79,000 $214,300
2019 $9,233 $293,300 $79,000 $214,300
2018 $9,019 $293,300 $79,000 $214,300
2017 $8,864 $293,300 $79,000 $214,300
2016 $8,708 $293,300 $79,000 $214,300
2015 $8,509 $293,300 $79,000 $214,300
2014 $8,406 $293,300 $79,000 $214,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3916848

Garden State MLS

APN: 13-05020-0000-00015-25-CONDO